Two Sigma Securities LLC Takes $3.34 Million Position in Mondelez International, Inc. $MDLZ

Two Sigma Securities LLC purchased a new stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) during the 2nd quarter, Holdings Channel reports. The fund purchased 57,767 shares of the company’s stock, valued at approximately $3,341,000.

Other institutional investors have also added to or reduced their stakes in the company. Whipplewood Advisors LLC lifted its stake in Mondelez International by 35.5% in the 1st quarter. Whipplewood Advisors LLC now owns 645 shares of the company’s stock valued at $37,000 after purchasing an additional 169 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in shares of Mondelez International by 3.5% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,073 shares of the company’s stock worth $292,000 after buying an additional 173 shares during the last quarter. Granite Investment Partners LLC increased its holdings in shares of Mondelez International by 0.6% during the first quarter. Granite Investment Partners LLC now owns 29,284 shares of the company’s stock worth $1,688,000 after buying an additional 177 shares in the last quarter. Pine Valley Investments Ltd Liability Co lifted its stake in shares of Mondelez International by 2.1% in the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 8,900 shares of the company’s stock valued at $515,000 after acquiring an additional 179 shares during the last quarter. Finally, Commonwealth Retirement Investments LLC lifted its stake in shares of Mondelez International by 0.9% in the 4th quarter. Commonwealth Retirement Investments LLC now owns 20,589 shares of the company’s stock valued at $1,108,000 after acquiring an additional 180 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MDLZ has been the topic of a number of research reports. Jefferies Financial Group restated a “buy” rating and set a $73.00 price objective on shares of Mondelez International in a research report on Wednesday, July 29th. BNP Paribas Exane lifted their price target on Mondelez International from $68.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Weiss Ratings upgraded Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 3rd. Barclays raised their price objective on shares of Mondelez International from $68.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. Finally, TD Cowen boosted their target price on shares of Mondelez International from $67.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, Mondelez International currently has an average rating of “Moderate Buy” and an average price target of $67.30.

Insider Transactions at Mondelez International

In other Mondelez International news, CEO De Put Dirk Van sold 133,580 shares of the business’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $64.08, for a total transaction of $8,559,806.40. Following the completion of the sale, the chief executive officer owned 1,326,488 shares in the company, valued at approximately $85,001,351.04. The trade was a 9.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.45% of the company’s stock.

Mondelez International Price Performance

Mondelez International stock opened at $62.36 on Monday. The company has a market capitalization of $79.59 billion, a PE ratio of 22.93, a PEG ratio of 2.53 and a beta of 0.38. Mondelez International, Inc. has a 12-month low of $51.20 and a 12-month high of $66.65. The firm’s fifty day moving average is $61.44 and its 200 day moving average is $60.23. The company has a quick ratio of 0.40, a current ratio of 0.60 and a debt-to-equity ratio of 0.62.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.05. The firm had revenue of $9.36 billion during the quarter, compared to analysts’ expectations of $9.21 billion. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The company’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.73 earnings per share. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. As a group, sell-side analysts predict that Mondelez International, Inc. will post 3.05 EPS for the current fiscal year.

Mondelez International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 30th will be given a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Wednesday, September 30th. This is an increase from Mondelez International’s previous quarterly dividend of $0.50. Mondelez International’s payout ratio is 73.53%.

Mondelez International Profile

Mondelez International is a global snacks company headquartered in Chicago, Illinois, formed in 2012 when Kraft Foods split to create a business focused on snack foods and a separate North American grocery company. Mondelez develops, manufactures, markets and distributes a broad portfolio of snack products intended for retail, foodservice and e‑commerce channels around the world.

The company’s product mix centers on biscuits and cookies, chocolate and confectionery, gum and candy, and savory crackers and baked snacks.